Who knew it would be more difficult to find an investment property than to find a place for oneself? I’m lovin’ a whole lotta things that I see, but unfortunately, when I do the math on them, they don’t make financial sense.
The house above is on Wittenberg Road just outside of Woodstock in Bearsville. There is not one but two homes on the property. I thought that this was The One until I got home and reread the MLS sheet. It’s apparent that both structures need work but what’s not visible to the eye is that the bungalow isn’t on the well and septic. That would put me over my own budget, but it’s still a good investment. Stay in one house and rent out the other.
The exterior siding needs some work and the top floor shows some leaks but the main room looks in really decent shape.
How cute is this kitchen? The same wonderful vintage wallpaper is in the bungalow too.
The property is listed at $115k and sits on .68 of an acre.
This 1910 stone house is also on .68 of an acre. It’s located on Maverick Road and sits a wee back from the road. It’s adorable but you can’t get away with a $124,900 price tag in Woodstock without needing to do work. There is some settlement on the house to an extent where the slant made me dizzy when I walked in. This is stuff that can be resolved with a decent structural engineer.
The “slanty” room is in otherwise good shape. I would a)resolve the sag problem in the basement first, then b) carefully take up that wood floor to level the joists and put that same floor back.
The kitchen is located in the basement. Gotta love the log beams.
The problem with a small house with a basement bathroom is that it shares the space with the mechanics. Actually, they look to be in decent shape and surely they can be hidden.
This house was on Sawkill Road, which is a busyish road, but the house is set back far enough for it to seem private.
The home needs a total update but it’s not a scary amount of work like some of the other places I’ve seen. What do you expect for $110k on .5 of an acre?
The most impressive thing about the house? This sink. I’d buy the house just for that sink which is hidden in the basement.
Ok, I lied. Not all under $200k. This sweet red house on nearly 4 acres in a great area is a whooping $219,500. The difference is this is ready to move in. We’re not talking high end materials, but it’s clean and ready to go. If you don’t want to worry about renovations, here is an affordable house in Woodstock.
1 Comment
I could never actually use that bathroom! I’d die for fear of seeing a spider while on the toilet! The green sink is great. I’d buy it just for that too.